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Search Results 0 to 49 of about 56 (some duplicates have been removed)
FOX
Feb 13, 2013 7:00am PST
's the same level as 18 years ago when antioch was a much smaller city. crime is up almost 25% in the last year. the chief says it would cost $3.5 million to increase the force to 126. city council members hinted they could ask voters for a tax to increase police services. >>> 7:15. many bay area lawmakers say they support president obama's economic plan, the one he laid out in his state of the union address. as kyla campbell reports from our washington, d.c. newsroom, they believe sustainable jobs could be on the way. kyla? >> reporter: california congressman eric smallwell says president obama's ideas are solid. president obama says there are areas that require investment to grow the economy. they include manufacturing and infrastructure. the president believes those sectors could lead to long-term johns nationwide. he also believes it's time to invest more in clean energy which he says could reduce our country's reliance on foreign oil, cut costs and sustain jobs. >> i saw those investments being in clean energy where we can create new clean energy made in american jobs but also in ways
FOX
Feb 26, 2013 7:00am PST
redwood city. wednesday, a few high clouds will drag across urs this. low 70s on the high side -- drag across us. low 70s on the high. >>> the focus on top republicans speaking out in support of same-sex marriage. >>> well, temperatures cool to cold here this morning. it will be sunny to mostly sunny. looks really good if you like sunshine and warm weather. we could use some rain and snow in the mountains. it's not happening. temperatures continue to warm up. >>> look at this. second deadly blizzard in a week moving across the great plains towards upper midwest. the national guard was helping stranded drivers in west texas. almost all of the roads in the texas panhandle are impassible. almost three deaths have been reported, blamed on the storm. the national weather service calls this a crippling historic blizzard. >>> the u.s. military command in afghanistan announced just a few hours ago that its report about a decline in taliban attacks last year was incorrect. they are calling the mistake a clerical error. the military is preparing to release the correct numbers which would show no
FOX
Feb 1, 2013 7:00am PST
wanted to be in the video but the most intimidating players were chosen. live from daly city, tara moriarty, ktvu channel 2 news. >> thank you. >>> our live team coverage of the 49ers and the super bowl continues in new orleans with joe fonzi. joe, you've been talking to one of the greatest nfl players of all times. good morning. >> reporter: good morning. one of the greatest landmarks is this hotel. a man had a young brier who was homesick. so he had this made for you and when she looked out door, she could see rows of corn from iowa. 23 years ago, one of the heroes of the super bowl was jerry rice. we caught up with him yesterday. it won't surprise you to learn that that game was one of his best memories of new orleans. >> 55-10 against the denver broncos. i will never forget it. that was my second super bowl and i was -- i think i was more relaxed and -- and i had a chance to enjoy the experience. sometimes you get caught up and you have blinders on. and you don't see everything happening around you. you are able to take control of the football game. it was a super bowl. >> repo
FOX
Feb 20, 2013 7:00am PST
city. "mornings on 2" begins right now. >>> well, good morning. welcome to "mornings on 2." i'm dave clark. >> good morning. i'm tori campbell. it's wednesday, february 20th. >>> firefighters are still on the scene of a huge fire at the home on diablo. it started at 4:30 this morning near the diablo country club. brian flores is live on the scene with more on the progress firefighters have made in the last 30 minutes. good morning, brian. >> reporter: we're inside the country club. as you can see, firefighters made significant progress since this fire started. you can see fire crews inside the garage and also on the upstairs. this is actually a caretaker's home, which is separate from the main house of this property on alameda diablo boulevard. for more information on what may have happened, let's bring in chief jack barton from the san ramon fire district. chief, what can you tell us exactly what happened this morning? >> we got the call at approximately 4:44 in the morning. the occupant smelled smoke, able to get out. notified the fire department. we arrived and made an aggressive
FOX
Feb 4, 2013 7:00am PST
. >>> well, the city of san francisco reportedly plans to demolish the current home of the 49ers with a big bang. brian flores tells us what's gonna happen at candle still park. that's coming up at -- standle stick park. that's -- candlestick park. that's coming up at 7:43. >>> police are investigating the fourth homicide of the year. this is on audibon drive. a teenaged boy was killed overnight. janine de la vega is live with more. >> reporter: good morning. this area is located near mclaughlin and felon. i just spoke with one neighbor who says she had a hard time sleeping last night. she watched as the young man died in front of her. you can see some of the damage left other. this is where a bullet pierced this minivan. this car was got involved in the shooting. police say just after 9:00 last night, a group of teenagers were driving near clements. when police got to the scene, they found two-- two teenaged boys. >> i heard like a -- like at least six gunshots and then some tire squeaking. that's about it. i didn't pay much attention to it. my sister came knocking on the door and said go
FOX
Feb 28, 2013 7:00am PST
. >> yeah, the number 104 train broke down in south city. so passengers are using train 206. they've combined service. if you take train 206 southbound you'll be delayed. there are delays on the system because of that broken-down train in south city. let's take a look at some live pictures. 101 san francisco. that traffic is moving along relatively well with no major problems. if you are driving on the westbound bay bridge, 25-minute delay at the toll plaza. if you are driving on 80, the traffic is a little bit slow in this hairia, but the crash is already off to the right shoulder. let's go to steve. >>> thank you, sal. a very good morning. look at this. sunrise over the city. we have some low clouds. higher clouds and a little bit of rain tell last night. sprinkles -- fell last night. sprinkles up in mendocino county stand lake county. let's week it looks like we'll get some rain in here. no, really. it really does. today we start off very mild on the lows. the low clouds and higher clouds keeping lows in the 40s near 50. partly cloudy, partly sunny here in the morning and then
FOX
Feb 6, 2013 7:00am PST
cities from all over the country will be given $1 million each. richmond city council approved hiring a consultant to develop and submit that grant application by the end of this month. that money has to be used to revitalized distressed neighborhoods that have problems with crime. >>> 7:20. the man accused of killing an activist from east palo alto three years ago is scheduled to get out of of jail today. gregory elams is charged in the fatal shooting of david lewis outside of the hillsdale shopping center in san mateo in 2010. those charges were dismissed last november when a judge found that police had illegally obtained a confession. the judge granted elam's release on the promise he will return for a future court date. >>> a plea hear something set to resume for four defendants who face charges for killing this man. raven dixon appeared in court on monday accused of supplying information to the three other suspects to help them with the robbery of kumar's home. the other three defendants face murder and robbery charges in connection with kumar's killing. >>> 7:21. a story about a
CNBC
Feb 1, 2013 6:00am EST
, 1666. okay. . and global news, average home prices in china's 100 biggest cities was 1% in january from december. and it marks the eighth consecutive marketing rise. two other surveys show growth was weak and the economists caution the country could set a tradeback if trade or government weaken. >> we're here for a lot of reasons, but one thing we need to talk about for an advertising, guys, is there anything better to tuz on than the super bowl? >> no. and it's gotten more important. ite become the academy awards of advertising. first of all, viewership is up. about 111 million people will watch it. crisis is up more than 7%. >> more people watch the laugh time or the gain 12347. >> yes. >> i always thought that was when everybody went to the bathroom. >>. >> you go to the kitchen, you get a drink, you do all sorts of things during halftime. >> $3.75 million for a 30-second spot. people have paid over $4 million. price of ads is up 60% over the last decade. they're also sold out almost a half a billion dollars of ads spend for this super bowl. there will be about 78 advertisers. and i
CNBC
Feb 13, 2013 9:00am EST
professional life. he'll also talk a little bit of time at citi. that's been controversial, as you guys have pointed out. the question to a lot of lawmakers is, what exactly did jack lew while he worked at citi for the money he collected. he'll describe himself as a changed agent inside citi. he doesn't mention at all in the prepared remarks anything about this fund that he invested in, that was based in the cayman islands. that's likely to be controversial. we're likely to hear several questions about that one. david, the prepared testimony is one thing, but when then get to the q&a, they'll bear down on what jack lew has to say. carl. >> eamon, there's some discussion how his grilling might be a little bit light, only because republicans haven't really coalesced around a whole lot of opposition. >> yeah, i think the consensus is, they might bang him up a little bit in the hearing. but the expectation is he'll get through and the president will get his man. jack lew has been scrutinized in the past for a variety of jobs. he's a well-known figure here in washington. a lot of republicans don'
CNBC
Feb 25, 2013 5:00pm EST
to the weakness or strength in europe. and there's no bigger proxy than morgan stanley and citi. the risk offtrade were in full force today. people were surprised and people sold first and asked questions later. >> do you think we the damage we saw was justified? is there a buying opportunity right now in these? >> day-to-day, i'm not sure there's a buying opportunity. but as volatility rises, i would like to sell puts. that's the way i kind of like to do it here. i do think that morgan stanley is a value guy's dream, it's cheap below book, it's been cheap for awhile but it finally broke out to new heights. the things i expect eventually, i mean, buyouts and mna are daily headlines. ipos are coming again, cap rises are active. will we get past the european headlines again, will we get past se quest trags? we do, morgan stanley is a buy and i expect the names to have a very good year if we don't really blow it in the white house or if we don't have europe go full bore again. >> karen? >> anton, it's karen. so, you would wait then until there's a resolution on those two things? >> no, i just want fe
FOX
Feb 12, 2013 7:00am PST
a battle tonight during the city council this evening. according to the chronicle, the residents approved of the plan to build the new homes but they don't like the plans to bring down the magnolia trees and the chilean trees. earlier this year, the planning commission approved that plan but it's gone back and forth and gone back to appeal twice now and they are planning ong having that meeting later on this evening. there are 25 residents here banning together who say they want the trees to stay here. that's where we stand. pretty big lot. the planning commission meeting expected to begin tonight at about 7:00. we are live here in menlo park. brian flores, ktvu channel 2 news. >> thank you, brian. >>> 7:05. breaking news. "the associated press" is reporting that president obama will announce in his state of the union address tonight that 34,000 u.s. troops will be home from afghanistan a year from today. right now, there are 60,000 u.s. troops in afghanistan. all combat troops are supposed to leave afghanistan by the end of 2014. that's when the u.s.-led international forces are schedule
FOX
Feb 15, 2013 7:00am PST
of the peninsula, redwood city leading the way at 74. palo alto at 72. looks good for saturday and then mostly clear but clearer on sunday. we'll get more of a west wind. it looks like a cold system. >>> all right. thank you. a dangerous suspect breaks free from police custody in the east bay. how he escaped and how the reason police stay he -- say he needs to be caught. >>> gambling away a fortune. a mayor of a city won a billion dollars but lost a lot more. where she got the money in the first place. [ male announcer ] tender sirloin and a succulent lobster tail... for an incredible $16.99. share the love this valentine's, with sizzler's steak & lobster. >>> already rather mild for some coast and bay. everything is in on the sunshine party today. a little bit of a breezy pattern. it looks like. 60 to near 70 degrees. >> thank you, steve. >>> 7:13. a republican filibuster is keeping chuck hagel from becoming our country's next secretary of defense. as kyla campbell reports from our washington, d.c. newsroom, members of the gop say they have a good reason to push off a confirmation vote. >> re
CNBC
Feb 4, 2013 5:00pm EST
in new york city's times square, i'm melissa lee. altitude sickness. stocks pull back. monopoly money. if you had a billion dollars, would you put into houses? we have a guest who is doing just that. and jpmorgan versus citigroup. while karen is cheating on jamie dimon. first, let's get to our top four trades. pete? >> ups. i was focusing on them for multiple reasons. that tnt deal for tnt express over in europe, obviously $7 billion is now back to ups. they are going to have to use that in different ways. the dividend, the other share buy-bayi buy-backs. it's pulled back slightly since that time. but this remains a very, very interesting stock. and today, the options got even more interesting. seller of april calls, buyer of the july upside calls. this is that roll from one out to the other, looking for a little bit of time but more upside to happen. >> and grasso, you were watching levels on the s&p 500, the biggest decline so far this year. >> right. you look at the weekly level. you have to look at the weekly low from last week. 1496. closed right below that. we haven't seen that
ABC
Feb 8, 2013 1:40am PST
in a century. the warnings could not be clearer. >> stay off the streets of our city. basically, stay home. >> reporter: a snowstorm that hit the great lakes with snow and ice is joining another storm in the south to form a monster nor'easter. as many as 23 million people are in the path. some coastal areas hit by hurricane sandy are in the bull's-eye of a prolonged storm. some of sandy's survivors still living in tents on new york's staten island will have to move. floods threaten the northeast shoreline for thousands of miles. it's a dreaded sense of deja vu. along the new jersey shore. >> i think i'm going to have to move my things upstairs and see what happens. >> in case it floods? yeah. >> reporter: salt truck and plow operators from pennsylvania to maine are ready for a long haul. >> it will probably be a long four days. you know? which is tough on anybody. >> reporter: fears of power outages sent people to the supermarkets to stock up. sales of generators are brisk, and travelers have been changing plans, rebooking flights to avoid agonizing airline delays. >> they relaxed their po
CNBC
Feb 8, 2013 9:00am EST
of resources. when you need a lot of resources to move all those 400,000 people to the city. >> a couple of headlines from the new york stock exchange. regarding winter storm, they say they do expect business as usual. this is according to a spokesperson. keeping member firms and traders informed of the weather reports. remember, we had some issues during sandy, obviously, where the exchange had to work mightily to open. it says it has contingency plans in effect. the surge they're talking here in new york is three to five feet. sandy was 13 feet. >> far different. >> ostensibly under a lot less pressure, but you never know what the storm's going to bring. >> up in the boston area, i believe it could be more significant. and again, with the high tides, highest tide of the month, what time will the surge be. i know there's a lot of focus on that. >> people should listen to the safety. >> watching shares of linkedin today. all new-time highs. blowing past expectations with its earnings. revenues up 81%. mostly coming from linkedin's recruitment services. stocks up almost 80% in the last 12
CNBC
Feb 25, 2013 1:00pm EST
is on that frightening case. jane? >> hey, tyler. even when you're nickname is sin city, murder can be bad for business. is las vegas suffering at all from a high profile triple murder? we'll have that after the break. t that has changed the modern world... would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader. ♪ to hold over 80,000... well that would make you... the creators of the 2013 mercedes-benz e-class... quite possibly the most advanced luxury sedan ever. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. through mercedes-benz i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the ais
FOX Business
Feb 12, 2013 3:00pm EST
have exposure through, like jpmorgan, pnc, state street, citi. let's take a look at the spdr select etf. it's a basket of these names. it's risen to four year highs. not quite at five year highs. but four year highs. the idea being that money is flowing out of bonds and back into stocks. and if rates were to tighten somewhat, not too much, but tighten, the yield curve is good for bank lending and hence good for bank stocks since the spread between deposits taken in and the fees earned on loans widens. taking that a step further, individual names, look at goldman sachs, it is trading at a 52 week high. right now goldman up by $1.79. we have citi up $1.27. decent gain for citi at 3%. look at that level at $44.42. it's finally getting closer to what some investors who got in before that gigantic reverse stock split were hoping to see it at. we have got wells fargo, wells fargo moving higher by 26 cents at 35.53. and aig, the insurance giant is now reversing, but it did hit one-year highs earlier today. right now down just about 1 1 1/4 -- 1 1/4%. i want to point out once again, bank of ame
MSNBC
Feb 5, 2013 7:00am PST
inner cities or whether we're talking about our rural and suburban areas. i think we're coming together on common agreement. >> well, let's talk a little more about the push for a ban on assault weapons and high-capacity ammunition magazines. here's what the president had to say about that. >> we should restore the ban on military-style assault weapons and ten-round limit for magazines. and that deserves a vote in congress, because weapons of war have no place on our streets or in our schools or threatening our law enforcement officers. >> and in fact, over on the senate side, harry reid has said the same thing, even though he has not given it overwhelming support to these ideas. he said they deserve an up and down vote. is that going to happen? and do you give any chance on passing the assault weapons ban or the limit on the size of magazines? >> i have to be optimistic. there's a thing about being attached to a weapon that automatically is firing and it has nothing to do with sportsmanship. i have been in combat. i have had automatic weapons. sometimes the weapon almost takes you over
CNBC
Feb 7, 2013 9:00am EST
to fail, the sequester and how he missed the crisis at citi. >>> is it time to say good-bye to the u.s. airways brands? a deal looks close for amr's american to take it over, become the number one brand. does consolidation mean airlines just got more attractive. >>> we start off with the retailers, january report card, macy's posting an 11.7% jump in same-store saturday and raising guidance. stellar results from some of the retailers. >> such a mixed picture. some guys -- kohl's, people decided their clearance is moving the stock up nicely. gap strong happens moved. consistently great job. people talking about urban outfitters doing a great job, doesn't seem like the stocks right now are moving the way you would think they would. i don't know how many people are counting on this particular month -- >> a short month, bleedover from the holidays. the rate of beats, 59% is the strongest since august, which was 86%, thanks to mkm partners. the number of them that have outpaced expectations is pretty big, relative to everything else. >> this is historically the one month i don't care abou
CNBC
Feb 6, 2013 6:00am EST
's revenue sharing, it is economic development for the areas, the communities and cities where we operate, so it's not just about baseball teams. we continue to do well. >> thank you so much for joining us. a great pleasure having you on. >> likewise. >> linda alvarado, alvarado construction. >>> a sneak peek in the green room, packed this morning. they regularly talk on conference calls with the white house, consulting with the president on issues of vital economic performance. today, they consult with you our viewer on "squawk box." at 1:45, the aflac duck was brought in with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. ♪ ♪ ♪ ♪
CNBC
Feb 8, 2013 6:00am EST
in boston. many cities are telling residents, don't travel if you don't have to. airlines are now warning the blizzard could cripple travel and hundreds of flights have already been canceled. we're going to check in one on friends at the weather channel. just a couple of minutes for their latest forecast. also in the news, the justice department in multiple states reportedly discussing suing moody's for defrauding investors. any move likely to make a similar rival against standard & poors is testing likely so this likely to be more than two years out. the goal is to get more battle on potentially hazard just flights, so these flights will only happens. now let's head across the country to joe and becky and see what they have coming up this morning. joe, how was your week on the course? >> yeah, i had only one day in the tournament and it was one of those days that i'm used to out here. >> it was beautiful weather. >> it was beautiful weather and i hit a lot of different kinds of shots. when a professional golfer says that, they mean they intentionally hit a a lot of different kinds of sho
CNBC
Feb 13, 2013 5:00pm EST
site in new york city's times square, i'm melissa lee. here is what "fast" is following tonight. leon cooperman is liking facebook and selling out of apple. we're breaking down the reasons. great rotation. we have a bond fund manager who says the money flow into stocks is definitely happening. but will your bond holdings blow up? and smart money. are hedge fund managers really the smartest guys in the room? an epic street fight. first, let's get straight to jon fortt covering the cisco conference call. >> moving around a lot, melissa. it was down more than 3% at one point, but just came back as soon as cisco gave guidance. let me tell you what the numbers are. cisco guiding for fiscal q-3, the revenue growth between 4% and 6% year over year, assuming they are able to spin off linksys successfully. nongap operating margin between 26.5 and 27.5%. nongap tax provision tax rate 21%. and they're guiding to nongap eps between 48 and 50 cents. that midpoint, of course, 49 se cents, that's exactly what the street were looking for. people were expecting worse news, i guess, because the stock w
CNBC
Feb 7, 2013 1:00pm EST
york city start with rain as we have two systems. one, a clipper across the midwest bringing detroit and michigan some snow but also the southern snow giving south some rain. they will come together an form a new storm, a nor'easter off-shore. as they do so we will plenty of wind, rain and snow and both storms mean business. let's put this in motion by friday evening. plenty of wind and rain and some wind gusts, 40, 50 miles per hour and some models that say these could be stronger than that. it is not just friday and friday night. new york city might start with rain. but crashing over hard to snow and the snow does not stop until sometime saturday for you. and this is slowing down into sunday. so saturday and sunday of additional snow. especially for new england. the bull's eye is here, so people are out of it. say philly, d.c. were you're out of this system in terms of heavy snow where the bull's eye is is the boston area. if we get behind the low side, that might be a foot of snow in boston. worst case scenario, perhaps three times that amount in the areas in and north and west of
CNBC
Feb 1, 2013 9:00am EST
failure. he was 88 years old. koch led new york city for 12 years, known for saving the city from financial ruin. michael bloomberg saying in a statement the city has lost an icon. a cheerleader, champion, 5,000-word oh bit in the "times" today, words like pugnacious, tenacious, outspoken. david, you know his story pretty well. he really did set the stage for giuliani to change the city. >> yeah, he was the consummate new yorker. of course, living in his apartment not far from here, in greenwich village for so many years. not everybody in the community, but many would say, our mayor. when he came into the office in '78, the city was at or near its nader. i can remember it well at that time, of course. and we did grow a great deal under his mayorality. not without some scandal, but certainly with a great deal of enthusiasm. in many ways he brought the spirit back and made you feel good about being a new yorker. which is not easy to do, when you had lived through the '70s. >> he passes on a day where a new biography, a film biography of him opens. something somebody said is the koch
CNBC
Feb 13, 2013 6:00am EST
private partnership in the cayman islands. he happened to invest in partnerships when he was at citi, and they happened to be based there. >> in romney's case he set them up down there? >> no, he didn't. i was not making -- i never made the cayman islands argument to you ever. >> oh! about romney? >> i never did. go back and check the tapes. never. >> i don't think he ever did. >> i think -- >> i don't think he did. >> in general, just the whole perception. now al gore's got more money, a lot more money than romney, as you know. you think that's in the cayman islands? >> he's not filthy rich. no, that's somewhere safe, the lea -- the middle east. >> as the ocean washes across the country, it's safe, probably in gold. >>> in the markets, the futures are fight slightly higher. yesterday the dow was up by 47 point. the s&p up by two. as patty dawn points out, the nasdaq has been the big issue. it was actually down yesterday by five points. it has not closed above the 3,200 level that so many had been watching closely. some say in order to see the s&p 500 and the dow break out to new hig
ABC
Feb 6, 2013 1:40am PST
spears is set to perform her own show in vegas. >> sin city. >> this is going to be huge. "extra" is reporting she's set to headline a new show in vegas. it's between two casinos. they haven't decided which one yet. ceasar's is kind of on the ballot. formal announcement within the next couple of weeks according to her manager. so this is definitely happening. just some background information on this woman who has had quite the comeback. she looks so incredibly hot these days. she's the top earning female artist in 2012. she ranked as the highest paid performer in 2012. she earned $58 million in 2011, $64 million in 2010. so in your face, critics. >> she is bankable. i'm sure it's a big contract. britney in fighting shape is a force to be reckoned with. don't let the crazy bald-headed thing fool you. britney is hot stuff. but they don't give those contracts to just anybody. they count on big stars packing that house day after day. >> and she will. >> she will, making big money. >> it's a nice place to land. >> not bad for a little girl from louisiana. keep doing your thing, britne
CNBC
Feb 15, 2013 6:00am EST
with their foams and cameras that showed the bags in question, the tent city in question. people who had a room with an actual window were much happier. we interviewed some of those folks last night. it wasn't as hot or smelly in their room. they were probably on an upper deck, so depending on where you were on the boat, as always. 100 buses were waiting last night to either new orleans or to galveston, which is where the boat originally disembarked from. there's going be about a dozen charter flights today by delta to get everybody home. back to you guys. >> all right, mcc, thank you. we want to hear from you, if not on a cruise ship, where would you rather be stuck? what would a better place to be rather than on a cruise ship? >> how about right here at work? >> right here at work? >> filling in for andrew ross sorkin. >> filling in for andrew ross sorkin. it smells fine in here right now. you showered this morning? i did, too. it's friday. so i did, as well. it's underwear change day, shower day, everything else. >> once a week you shower? >> is that tmi? no, no. when we were out in pebble,
CNBC
Feb 11, 2013 5:00pm EST
. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here are tonight's top three trades. more money, more problems? why a drastic pay back may be the shareholder's best bet. energy independence. and, when it comes to oil, the focus is on north america, not the middle east. and gold breakdown. dennis gartman on why gold continues to lose its luster. but first, got to get to our top trade here, because the s&p 500 is hovers at 1500 yet again, our traders have found ways to play this rally. guy? >> hi, mel. >> valentine's week, just so you know. waiting for my gift. you laugh. valuation is crazy, 21 times forward earnings. you go back to the last quarter, operating margins, much better than expected. i know valuations are stretched. wig short interest here. still goes higher. >> is that connected to valentine's day week? >> no. nothing to do with it. >> not taking your wife to dunkin' donuts? >> just making sure mel knows, i'm waiting for my gift on thursday and that's putting it out there. >> wow. >> keep on a-waiting. pete? >> medical equipment. look at
CNBC
Feb 20, 2013 6:00am EST
. >> maybe somebody heard something with regard to a banker, some banker was going that city. putting two and two together. making a good bet. not based on actual knowledge but a bet that a lot of people follow that. they cash in, suddenly there's the huge action in the options. sec's right to look at it. they can put people other oath. people want to testify -- here's what i saw, what i did. the evidence that people are trading ahead of the deal is not evidence that they knew it was going happen. they figured it out. >> let me throw one other piece of news -- >> the -- at the monsanto -- >> i used to track plans. you can't do it anymore. very hard to track plans. >> get out on a moped and follow sir larns wiwrence wildman -- >> i believe that's legal as long as you're not tapping lines. >> it eerie. >> dell, they had earnings. i don't think new england care good the earnings, they --in cared about the earnings, they cared about the buyout. >> i think it's sad and public shareholders take a longer term view is the only reason this company is going private is because michael dell and silve
CNBC
Feb 26, 2013 9:00am EST
.s. home prices continued to rise through december of last year. the ten-city composite up 5.9%. the 20-city composite up 6.8%. david blitzer is the chairman of the s&p 500 index committee. david, welcome back. good morning. >> good morning. >> pretty good numbers to close out the year. people still trying to get their arms around how distressed properties are moving some of these prices, especially in key markets. >> that's right. i think the overall picture is very, very strong. the national index, which is up 7.3% for the four quarters, ended with the end of 2012. so really, all across the country things look good. only one city of all 20 was down on the year-over-year basis. >> still, though, i'm told the index is heavily skewed by the share of distressed. that's why atlanta could be down 17%. and now up 10% year-over-year. are these numbers, are they reflective of what's happening with real buyers? >> yes, i think they are reflective of what's actually happening with real buyers. what we've seen in city after city over the last couple of years is the city will get hit with a wave o
CNBC
Feb 19, 2013 6:00am EST
. the cold is what's moving in here. dangerous windchills, 15 the below sfee row in the twin citys, 1 is in chicago and 13 in indianapolis. lots of layers for all the kids who are going back to school today. then we catch our next storm, this little pin wheel around the oregon coast. this will dive down around california today and is be a pretty big snowmaker. coast to coast, 6 to 12 inches in the snowfall mountains. plenty of snow here around the wasatch. these amounts in the appalachians, on the order of 1 to 3 inches today 37 back to you guys. >> beck can he can't believe what she just heard about that cold weather. eric, they're melg me, you didn't know it was 25 degrees. >> it's warmed up in minneapolis since earlier today. >> such balmy weather. >> it's like, i've known this, right? >> we're here to educate. >> eric, i rely on the weather channel. tell us something, andrew -- >> he did. he just told me it's 2:22 in nairobi. >> you need singapore time? >> you know what else? the clock when you put them all in, andrew, am i right? if it's nice, the clocks are dark. if it's daytime
ABC
Feb 5, 2013 5:30pm PST
in traffic. how much? and can you guess which city is the worst? here's abc's cecilia vega. >> reporter: the sea of brake lights, back-to-back, bumper-to-bumper. a never ending commute hell. that's jim mccauley's daily ritual from new jersey to new york. >> can be really frustrating at times, you know? 45 minutes sitting in traffic, it tests your patience. it really does. >> reporter: we've all done it, sat here trapped in our cars, saying, "this is such a waste of time." but how much time are we actually wasting? one study did the math. all that traffic means commuters spend an average of 38 hours a year just sitting there. in that amount of time, you could have taken five vacation days. played nine rounds of golf. watched all three seasons of "downton abbey." >> i play solitaire on my phone. >> reporter: sure, new york and l.a. are bad, but try living in the nation's capital. washington d.c. is home to the worst traffic in the country, where what should be a 30-minute drive takes about three hours. >> there's a longer commute because they're going to drive further to get a higher payi
CNBC
Feb 6, 2013 12:00pm EST
it to continue. jim and anthony in new york city. what's fueling this rally? give us perspective. >> platinum is a good indicator how the industrial markets are doing. 66% of all platinum mind is used in industry. auto number one, jewelry, number two and turbine engines for airplanes. it is showing you there is strength in the auto industry and airplane and jewelry business. a good indicator and usually in a good economy, platinum will o out-perform gold. >> why are traders watching it. >>> what does it tell them? >> first, i only agree with half of what he just said. the platinum scenario is important for the stocks to do well, pretty decent global growth but nothing to write home about. platinum does a little bit better when the china story looks like it could pop with momentum. an excellent indicator from the stock market but not just the growth side of it. >> if you had to pick one metal for 2013, flat numb, gold or silver? >> i'm looking at platinum. it is $5 from its all time high and gold closer to that. i think it can make that move quicker and usually out-performs gold. >>> what abou
CNBC
Feb 7, 2013 6:00am EST
city, in is a tricky forecast for you. you're right on the line. we know it's going to snow. the question is, how much is it going to snow. we've got you in the 6 to 12 inch range right now. that would be the biggest storm of the year so far. northern new jersey, some big snow totals and in lesser amounts if you move south and west. don't think you're going to have to go very far to get into the north or east to get into the bigger snow totals. poughkeepsie, eastern long island, things will be significantly worse than we see in the city itself. timing there is late tomorrow and into tomorrow night. you see amounts tapering off as you head farther south and west. the idea here is that a lot of people see a foot of snow. some people say two feet of snow. maybe in a few spots in and around boston we could see three feet of snowfall out of this one. your top five snowstorms, the biggest, presidents' day in 2003. some model res saying we may beat that total in boston. not written in stone, but these are ones that everybody remembers. we stop that, that indeed will be something to
CNBC
Feb 12, 2013 9:00am EST
of america's biggest cities. siemens. answers. >>> only 25 minutes before tim cook addresses the goldman sachs technology conference. we'll break down what we can expect to hear from cook and what does it mean for apple stock today. great to see you. >> hello. >> what are you expecting to hear from cook today? >> yes. he's going to speak at the conference and we don't think he'll get into too much details over there. at this point, where the stock is, we think he'll address two things. strategy and products. they said they're actively looking at the cash balance. we expect them to increase dividends and have more buybacks. we think he's not going to get into details, but they're going to indicate their willingness to do that. on new products, they'll definitely talk about new products before the actual launch. but i think he's going to talk about the confidence in the new product pipeline. >> do you think that tim cook's playbook will change a little bit, given the pressure that he might be feeling from shareholders, like a david einhorn? and the focus that apple's been under, and the sc
CNBC
Feb 14, 2013 4:00am EST
of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> happy valentine's day. americans will spend $18.6 billion to express their love. men tend to spend more, $176, while females spend on average $89. wow. big business. joining us know is the owner of rennie and reed forest. reed and angus, hello and welcome to you both. happy valentine's day, i should say. reed, how big a day is it for you and what are some of the more unusual requests you tend to get? >> it's a big day. whether it's the weather or whether it's clientele, we had an order yesterday for a 1,000 rose arrangement, which we'll be sending out first thing this morning. this is an individual we see a couple times throughout the last three years and it keeps us on our toes. >> i see you have the low ask lush. i thought that was something that happens at the end of valentine's day. apparently it's a mixed floral. it's popular. are guys any good at this, reed? how much are they spending on average this year compared to five years ago? >> guys are good at it because their hear
CNBC
Feb 26, 2013 6:00am EST
happened here. let me give you one example of what citi wrote, for example. shock waves across the market. this is what happens when the worst case comes through. high political uncertainty is negative for investments in italy. so this is quite bad. remember, this is a parliamentary system. so even though someone yesterday got the most votes, they didn't win. that is luigi bersani. berlusconi and grillo got a lot more votes than anyone expected. that's what led to gridlock and so no one is in control. silvio berlusconi, sounding exhausted, called into one of his networks this morning to chat with the news anchors there. first of all, he doesn't think there should be new elections, which is a possibility. when he was asked about interest rates rising in italy, he said, don't worry about interest rates. they are an invention. the markets are a little bit independent and a little bit crazy. and the fact that the spread is widening compared to german interest rates, why do we have to compare ourselves to the germans all the time? we don't have to. he hinted to a coalition with the left. he di
CNBC
Feb 27, 2013 6:00am EST
to offer online betting. this bill means that online playing of any game offered by atlantic city's 12 casinos is out there. so bets can't be placed until the state division of gaming enforcement actually sets a start date. casinos say that it could take stockton 12 months to get ready. with all the stories you heard about atlantic city, they could probably use an advantage, some sort of help to get people back in their dorms. >>> we go -- back in their doors. >>> from gambling to beer. class-action lawsuits accusing anheuser-busch of watering down its brands. the suits claim that consumers have been cheated out of the alcohol con stated on levels. this is only 3-2 -- >> some have supposed to have 5%, some are supposed to have 4%. apparently there's some ex-employees who have come forward. >> right. >> suggest that -- >> whistle blowers say they know they were intentionally watering stuff down which is crazy. the beer lovers in the suit are seeking millions in damages for all the alcohol that they missed out on. the lawsuits are based on information again, as andrew said, from former e
CNBC
Feb 27, 2013 9:00am EST
. it's really a tale of two cities, right? you've got the market feeling great from the get-go, mutual fund inflows. you feel the market wanted to go higher in january. it carried over a little bit into february. but there's been no follow-through really on the volume. and the other metrics you would look at. a little better on options. so it's interesting. now the question is, do things like sequestration and what's going on in italy right now throw us a few curveballs we don't really need right now. >> or maybe our volume levels are down for good. >> could be. >> people just say that's the wave. >> the investors are certainly turning over their portfolios less than they were. they're moving into higher asset classes now. maybe we have to get used to a new normal on volumes. >> derivatives strong, divide that up pretty good in the yields. that can work for everybody. >> i think the strategy in the merger really is a divide and conquer strategy. stapling on our interest rate complex to their commodity and energy franchise. gives us more time to focus on the nyse assets here. so i'm exc
CNBC
Feb 28, 2013 12:00pm EST
, the the citi's, the morgans. >> if you look at xlf, for instance, it's trading right below its recent high, if that breaks out above that, if that's working, you don't need to look elsewhere. it's working right now so you can look at the goldmans and they are working. >> you'll get more leverage and joe has been on regions. >> the largely capital banks are not. they have spun off those units so when you see stock markets acting as cooperatively as they have been, when you see in-flows charging into bonds and stocks, issuance up, deals happening, that favors the goldmans, the morgan stanleys. that's why we emphasize them and why they have been leading. there's going to be a second leg to this story and it probably won't just be capital markets. it will be wage growth. i will start looking elsewhere. >> one other name. comerica, you're having a nice recovery. regional banks, incredible source of opportunity. >> all right. not so fast, mike murphy. my traders are quick but they are not always right and last month mike gave a final trade on auto parts manufacturer titan international. take a l
CNBC
Feb 8, 2013 12:00pm EST
allocation. what are traders citying about it? steve grasso is standing by on the floor of the new york stock exchange. welcome back. >> thank you. >> bottom line, this note says the chances of apple returning cash is better than ever maybe right now. >> that's it right there. with the conversation started, it's been on everyone's mind about where this cash is going to be allocated to. it got the conversation on the front burner once again. apple has jumped from that 4$43 level around january 24, 25th. it's brought the dialogue into the annual investor meeting. people want to know where it's going. people are excited about it. you're not going to sell the stock ahead of that meeting, you're not going to sell the stock until you find out buyback, dividend, what the story is. >> did einhorn just put a floor under the stock? >> i don't know about a floor. but going into the meeting, going into february 27th, i think there's going to be a floor put on the stock until we find out some closure as to what's happening to it. but goldman said it. there's a bunch of different opportunities. they don't
CNBC
Feb 15, 2013 12:00pm EST
powering some of america's biggest cities. siemens. answers. >>> welcome back to the "fast money halftime report." the battle for your burger. burger king expects better than profits. pete says burger king is the better buy. let's settle the beef between traders. pete you're up first. >> when you look at burger king what they are doing is taking something out of mcdonald's playbook. what they are attacking, they are looking at them and say what worked for you part is global expansion. they reinvent ad lot of what they are doing in the stores reimaging themselves. when you look at their menu they are getting very aggressive. they got themselves into coffee. lattes. you're seeing some results. >> the story sounds good. the problem is they haven't shown top line growth. they haven't been able to grow revenues. mcdonald's still has 10% earnings growth direction over the next two years. it has dividend yield of 3% versus 1% for burger king. it has a cheaper valuation. most importantly the fries are just much better. the fries are still much better at mcdonald's. >> burger king is on that traje
CNBC
Feb 15, 2013 4:00pm EST
of america's biggest cities. siemens. answers. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. investor. yeah, i'm a serious investor but i'm a busy guy. it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back. we're now in
CNBC
Feb 22, 2013 9:00am EST
, give me some loving. apple's not even on the top 50 of citi's new global champions. >> really? >> apple's not even on the list. >> holy cow. >> but the question is, why should it be on the list? >> coach is on the list. >> nine times earnings. coach is on the list? >> should go buy coach. buy a man bag. >> man purse. >> are we saying that on the list, which i have here somewhere, that apple's not one of the best 50? >> best 50 what, though? >> listen, maybe that's the bottom. >> coach, cummins -- >> i like cummins. >> ebay. >> i like ebay. >> speaking of watches, you can get a fossil instead of a swatch. >> listen, man, fossil, i told you yesterday fossil is going to determine whether that apple watch is better than the google glasses. >> google's on the top 50 list. >> i believe that. >> i'm going to 1,001 right now. >> where is brian white? >> right. that almost -- i don't want to say it topped the stock. when you start to get the really far out there price targets on apple, that's when the cracks in the story started to really -- >> look, here's capital oil and gas. one of the best p
CNBC
Feb 25, 2013 4:00pm EST
on or the attempted hacking of banks. b of a and citi group and chase, everybody admits there's been attacks on them and deflections. but should we worry about our internal bank accounts we access online because of hackers? should that be a concern for the average checking account out there? >> for the most part, no. the banks actually of all the industries do probably the best job of protecting themselves. the attacks you've seen recently are something called ddos attacks which disrupt banks to carry on business. this is a serious escalation. it appears they're coming from a nation state that sponsors terror. that's one of the things we have to be looking forward about and doing a better job protecting ourselves. >> all right arthur coviello of rsa, thank you for your thoughts today. >>> as we continue, more on today's big selloff and why some say it may be about to get worse because of washington's dysfunction. as blunt automatic spending cuts are set for four days from now. we're back in a minute. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody sh
CNBC
Feb 27, 2013 12:00pm EST
. mary thompson joins us now to break down who wins and who loses. mary? >> scott, atlantic city and its 12 casinos all winners. at least in the near term. second largest gaming market in the u.s., ac's $3 billion in revenue last year, 43% below the peak in 2006. any additional business is welcome. the two biggest players in the market to benefit the most from the addition of online players, caesars with four worked out but basically only licensed casinos will be able to run the jn line operations. to play, residents will likely to to register as they do in the uk where on-line gambling is legal. it will take another 6 to 12 months for it all to get up and running. pay-off? 1.5 billion added to fis al in 2015. uncertainty about demand in the garden state and questions about whether on-line betting will hurt the brick and mortar business and questioning whether on-line gaming is enough to save ac's casinos. new competition from properties on-line in baltimore and d.c. wi will hurt them. the state and casinos can't bet on that yet. back to you, scott. >> mary, thank you very much. we saw z
CNBC
Feb 1, 2013 1:00pm EST
in the marketplace. add it that explosion at head quarters in mexico city, that's another factor that traders are launching. we haven't seen significant gains in the u.s. oil price because we have pipeline concerns that pipeline taking crews from oklahoma to texas coast. that probably won't be a full capacity until the fourth quarter. that is something that leaves still that glut of oil in the middle part of the country that is something that kept a lid on the rise in the u.s. oil price. in terms of precious metals, it has been a strong day for precious metals after the jobs data and that unploemt rate is what traders are watching. one reason they think precious metals. >> so what has happened to the individual investor over that time? jane wells is in los angeles. jane? >> hi, tyler. you think of americans as being resilient and optimistic. we found more than a few who said they survived the last few years by thinking of warren buffett. the view from main street when we come back. [ male announcer ] with citibank it's easy for jay to deposit checks from anywhere. [ wind howling ] easier than
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